Competitiveness

This section feature research, opinion and progress reports on how the Czech Republic compares to other EU countries economically. It includes analysis of international rankings such as the WEF and World Bank.

Spotlight issue

21st September 2022 / Competitiveness / Technology, R&D and Innovation


The facility will increase its Silicon Carbide (SiC) wafer production capacity by 16 times over the next two years to address the sharply increasing demand for microchips

onsemi (Nasdaq: ON), a leader in intelligent power and sensing technologies, today celebrated the inauguration of its expanded silicon carbide (SiC) fab in Roznov, Czech Republic. Multiple guests of honor attended the ribbon cutting ceremony led by Ministry of Industry and Trade Section Chief Zbyněk Pokorný, Governor of the Zlín Region Radim Holiš and City Mayor Jiří Pavlica as well as other local governmental dignitaries, signifying the importance of this event and manufacturing of semiconductors in the Czech Republic.
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16th September 2022 / Competitiveness / Employment and Social Affairs


Remote work from abroad: Potential consequences for employers

In recent years, working from home has become a commonly used tool. The previously required benefit among employees has become a necessary tool for maintaining operations in many companies during the COVID-19 pandemic. Employees had to fundamentally change their working habits and adapt to the new situation overnight. Although working from home was not a novelty for everyone, the extent to which it started to be used at this time was unprecedented, and almost everyone had to adjust.
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15th September 2022 / Competitiveness / Tax & Finance


Financial health of Czechs is threatened mainly by high energy prices, payments for energy burden Czech households' budgets almost the most in the EU

In the area of financial health, the Czech Republic ranked 13th in the EU comparison. Despite the fact that Czechs save on average about a fifth of their wages, over 60% of low-income households in our country have no financial reserves.The high energy costs, which rank us 3rd worst in the EU, are also a barrier to a better ranking. Moreover, the energy and inflation crisis is worsening the situation. This is according to the eighth pillar of the Czech Prosperity Index, which analyses 10 socio-economic indicators comparing the Czech Republic with other EU members.
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Members of the American Chamber of Commerce in the Czech Republic